Do you need a better way to compare low-cost Jeep Patriot insurance in Evansville? Did budget coverage turn out to be an overpriced auto insurance policy? Believe me, there are lots of people in the same boat.
Unbelievable but true according to a study the majority of drivers have remained with the same auto insurance company for four years or more, and nearly the majority have never compared rates to find affordable insurance. Consumers in Indiana can save hundreds of dollars each year by just comparing rate quotes, but they don't understand how simple it is to do a rate comparison. Online insurance companies like GEICO, Farmers Insurance and State Farm continually hit you with ad campaigns and it can be hard to ignore the flying pigs and cute green geckos and take the time to shop coverage around.
You should take the time to get comparison quotes before your policy renews because auto insurance prices are variable and change quite frequently. Just because you found the lowest price on Jeep Patriot insurance in Evansville a couple years back there may be better deals available now. There is a lot of wrong information about Patriot insurance online, but in a few minutes you can learn some great ideas on how to stop overpaying for insurance in Evansville.
What Impacts Jeep Patriot Insurance Prices?
Many factors are taken into consideration when you get a price on insurance. Some of the criteria are obvious such as your driving history, although some other factors are less obvious like where you live or how safe your car is.
The items below are a partial list of the pieces used by insurance companies to determine rates.
No policy gaps is important - Driving without insurance coverage in place is illegal and your next policy will cost more because you let your insurance lapse for non-payment. In addition to paying higher rates, not being able to provide proof of insurance could earn you a revoked license or a big fine.
What's your car's crash test rating? - Vehicles with good safety scores get lower rates. Safer cars reduce the chance of injuries and reduced instances of injuries translates into fewer and smaller insurance claims and lower rates for you. If your Jeep Patriot has at least four stars on Safercar.gov or an "acceptable" rating on iihs.org you may qualify for a discount.
Insurance is expensive for teen drivers - More mature drivers are more responsible, statistically cause fewer accidents, and are generally more financially stable.Youthful drivers are known to be easily distracted with other occupants in the car and because of this, their insurance rates are much higher.
How much liability - The liability coverage on your policy is the coverage that protects you if ever you are found liable for causing personal injury or damage in an accident. It provides for a legal defense up to the limits shown on your policy. Liability is cheap as compared to coverage for physical damage, so drivers should make sure they buy enough to cover all assets.
High physical damage deductibles reduce prices - Physical damage deductibles define how much you are required to spend if a claim is determined to be covered. Insurance for physical damage, also called 'full coverage', protects your car from damage. A few examples of covered claims could be collision with another vehicle, fire damage, and having a roll-over accident. The more money the insured has to pay upfront, the better rate you will receive.
Small claims can cost you - If you file claims often, don't be surprised to see much higher rates or policy non-renewal. Insurance companies in Indiana generally give the best rates to policyholders who only file infrequent claims. Your car insurance is intended to be relied upon for claims that pose a financial burden.
Extra coverages push up costs - Insurance companies have many add-on coverages that sound like a good idea at the time but may not be useful. Insurance for rental car coverage, better glass coverage, and membership fees may be costing you every month. These may sound like a good investment when deciding what coverages you need, but your money might be better spent on other coverage so eliminate the coverages to reduce your premium.
Prevent your car from being stolen - Choosing to buy a car that has an advanced theft prevention system can help lower your rates. Anti-theft devices such as OnStar, LoJack tracking, and tamper alarms can help prevent your vehicle from being stolen.
Jeep Patriot statistical loss data - Companies analyze past claim statistics when setting premium rates. Vehicles that have higher frequency or amount of claims will be charged more to insure. The information below illustrates the loss history for Jeep Patriot vehicles.
For each insurance policy coverage type, the statistical loss for all vehicles, without regard to make or model, is set at 100. Values that are below 100 suggest losses that are better than average, while numbers that are greater than 100 point to more frequent losses or an increased probability of a larger loss.
Jeep Patriot Insurance Loss Statistics
|Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Jeep Patriot 4dr 2WD||80||139||65||123||121||140|
|Jeep Patriot 4dr 4WD||73||121||67||98||100||111|
Statistics from IIHS.org for 2013-2015 Model Years
The companies shown below have been selected to offer free rate quotes in Indiana. If the list has multiple companies, we recommend you get prices from several of them to get the best price comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Patriot Sport 2WD||$162||$294||$318||$18||$94||$886||$74|
|Patriot Sport 4WD||$90||$156||$264||$16||$80||$606||$51|
|Patriot Limited 2WD||$122||$212||$290||$18||$86||$728||$61|
|Patriot Limited 4WD||$152||$288||$318||$18||$94||$870||$73|
|Get Your Own Custom Quote Go|
Prices above based on single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Indiana minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, multi-vehicle, and claim-free. Estimates do not factor in zip code location which can change price quotes considerably.
Analysis of deductible levels
The example below illustrates how your deductible choice and can change Jeep Patriot insurance costs for different age groups of insureds. The premiums assume a single female driver, full physical damage coverage, and no discounts are applied to the premium.
Car insurance prices based on gender
The illustration below illustrates the comparison of Jeep Patriot insurance premiums for male and female drivers. The data is based on no accidents or driving violations, comp and collision included, $1,000 deductibles, single marital status, and no policy discounts are applied.
How careless driving impacts car insurance rates
The illustration below shows how speeding tickets and fender-benders influence Jeep Patriot auto insurance rates for different age groups. Data assumes a single female driver, full coverage, $500 deductibles, and no policy discounts are applied.
Protect more than your vehicle
Despite the potentially high cost of Jeep Patriot insurance, buying auto insurance may be required and benefits you in several ways.
First, most states have minimum liability requirements which means you are required to carry a specific level of liability protection in order to license the vehicle. In Indiana these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you bought your Jeep Patriot with a loan, most lenders will force you to buy insurance to ensure the loan is repaid in case of a total loss. If you do not pay your insurance premiums, the lender will be forced to insure your Jeep for a lot more money and force you to pay for it.
Third, auto insurance preserves both your Jeep and your personal assets. Insurance will also pay for medical expenses for both you and anyone you injure as the result of an accident. Liability coverage, the one required by state law, will also pay attorney fees if you are sued as the result of an accident. If your vehicle suffers damage from an accident or hail, collision and comprehensive (also known as other-than-collision) coverage will pay all costs to repair after the deductible has been paid.
The benefits of carrying adequate insurance more than offset the price you pay, especially with large liability claims. An average driver in America is wasting up to $750 every year so compare rate quotes at least once a year to help ensure money is not being wasted.
Lower your car insurance rates with discounts
Car insurance is not cheap nor is it fun to buy but you may find discounts that can dramatically reduce your bill. Some of these discounts will be visible when you quote, but occasionally some discounts must be inquired about prior to receiving the credit.
- Drive Safe and Save - Drivers who don't get into accidents can pay as much as 50% less as compared to drivers with claims.
- No Accidents - Drivers who don't have accidents pay less in comparison to frequent claim filers.
- Discounts for New Vehicles - Buying a new car instead of a used Patriot can save you some money since newer vehicles are generally safer.
- Seat Belt Usage - Forcing all vehicle occupants to buckle up before driving can save 10% or more on the premium charged for medical payments and/or PIP.
- Smart Student Discounts - Excelling in school may save you up to 25%. Earning this discount can benefit you up until you turn 25.
- Student in College - Any of your kids who are enrolled in higher education away from home without a vehicle on campus could qualify for this discount.
- Low Mileage - Keeping the miles down on your Jeep could be rewarded with better prices on cars that stay parked.
- Discounts for Federal Employees - Employees or retirees of the government could provide a small rate reduction depending on your car insurance provider.
Discounts reduce rates, but you should keep in mind that most discounts do not apply to all coverage premiums. Most only reduce the price of certain insurance coverages like liability, collision or medical payments. So even though it sounds like you could get a free car insurance policy, that's just not realistic.
A list of car insurance companies and the discounts they provide include:
- Progressive has savings for good student, online signing, online quote discount, continuous coverage, multi-policy, multi-vehicle, and homeowner.
- GEICO discounts include multi-vehicle, emergency military deployment, defensive driver, good student, membership and employees, and air bags.
- State Farm offers discounts including student away at school, passive restraint, anti-theft, safe vehicle, multiple policy, Drive Safe & Save, and defensive driving training.
- Esurance may have discounts that include safety device, defensive driver, good driver, multi-car, emergency road assistance, and anti-lock brakes.
- The Hartford offers premium reductions for air bag, good student, defensive driver, bundle, driver training, anti-theft, and vehicle fuel type.
It's a good idea to ask each company the best way to save money. Some of the earlier mentioned discounts might not be offered in your area. To find companies who offer online Jeep Patriot insurance quotes in Evansville, click this link.
When should I have guidance from a local insurance agent?
Certain consumers prefer to visit with an insurance agent and we recommend doing that Insurance agents are trained to spot inefficiencies and help submit paperwork. One of the best bonuses of getting online price quotes is that you can obtain cheaper rates and still buy from a local agent. And providing support for local agencies is important particularly in Evansville.
To make it easy to find an agent, after completing this short form, your information is sent to agents in your area who will give you quotes to get your business. You don't have to leave your house because quoted prices will be sent to the email address you provide. If you need to get a comparison quote from a specific car insurance provider, you can always visit that company's website and fill out their quote form.
If you are wanting to purchase car insurance from an insurance agent, you should know the different types of agents from which to choose. Car insurance policy providers can be classified as either independent agents or exclusive agents. Either one can insure your vehicles, but it is important to understand the subtle differences because it can impact the type of agent you choose.
Independent Car Insurance Agencies or Brokers
Independent insurance agents can quote rates with many companies so as a result can place your coverage through many companies and find you cheaper rates. If you are not satisfied with one company, your agent can just switch to a different company and you don't have to switch agencies. If you need lower rates, you should always get insurance quotes from a couple of independent agencies in order to have the best price comparison.
The following are Evansville independent insurance agencies who can help you get rate quotes.
Exclusive Car Insurance Agents
These agents generally can only insure with one company and examples are Allstate, Farmers Insurance, State Farm, and AAA. These agents are unable to provide other company's prices so you need to shop around if the rates are high. These agents are usually well trained on their company's products which helps them sell insurance even at higher premiums.
Shown below is a list of exclusive insurance agents in Evansville who can help you get price quote information.
Choosing an car insurance agent should include more criteria than just the quoted price. These are valid questions to ask:
- How much experience to they have in personal lines coverages?
- What insurance companies do they recommend if they are an independent agent?
- How many companies do they write for?
- Will the company cover a rental car if your car is getting fixed?
- Which family members are covered?
- Will your rates increase after a single accident?
- Does the agency provide any after hours assistance?
- How is replacement cost determined on your vehicle?
The best insurance company isn't always the cheapest
Cheaper Jeep Patriot insurance in Evansville is attainable from both online companies as well as from insurance agents, so get free Evansville car insurance quotes from both of them in order to have the best price selection to choose from. A few companies may not offer the ability to get a quote online and these regional insurance providers sell through independent insurance agencies.
As you shop your coverage around, it's a bad idea to reduce coverage to reduce premium. There have been many cases where drivers have reduced physical damage coverage and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. Your focus should be to purchase a proper amount of coverage at the best price while not skimping on critical coverages.
- Collision Insurance Coverage (Nationwide)
- Who Has Affordable Indiana Car Insurance Rates for Teenage Males? (FAQ)
- What is the Best Cheap Car Insurance in New Albany, Indiana? (FAQ)
- Who Has the Cheapest Indiana Auto Insurance for Low Mileage Drivers? (FAQ)
- Red Light Cameras (State Farm)
- Choosing a Car for Your Teen (State Farm)